Category Archives: Syndicated
Elliott Proposes 100-Day Plan For Iron Mountain
Dow Jones – Hedge fund manager Elliott Management Corp. said Monday it has proposed a 100-day plan for Iron Mountain Inc., in its latest bid to turn the data-storage company into a real estate investment trust. In a 15-page slide […]
Will Hedge Fund Registration Overwhelm the SEC?
CNBC – Looks like another deadline of the Dodd-Frank Bill will come and go. This one is the much talked about July 21 hedge fund registration deadline. SEC Associate Director Robert Plaze recently sent a letter to the President of […]
National Express rebel wins support of second-largest shareholder
Guardian – The US activist investor seeking a boardroom shakeup at National Express has claimed the support of the public transport group’s second largest shareholder, the Cosmen family. The surprise announcement comes only a week after National Express implied that it had […]
SEC not ready to throw the switch
Investment News – Investment advisers who have between $25 million and $100 million in assets under management probably will have until 2012 to switch their registration from the Securities and Exchange Commission to their states. The deadline for the transition […]
Upheavals in Africa threaten oil exports
The National – The Nigerian unrest is not expected to escalate into full-blown armed conflict, as in Ivory Coast, but is still of greater and more immediate concern to oil markets. Nigeria is not only the biggest African oil exporter, […]
Hedge fund bullish oil bets hit four-week high
CT Post – Hedge funds raised bets on higher crude prices to a four-week high as increased airstrikes in Libya raised concerns about production after the country’s conflict ends and the dollar weakened against the euro. Funds and other large speculators […]
Hedge funds enjoy record inflows in February
MarketWatch – Hedge funds saw record inflows in February as institutional investors allocated more money to the industry, BarclayHedge and TrimTabs Investment Research said Monday. Managers pulled in $34.9 billion on the month, putting industry assets at $1.73 trillion — […]
Science’s hedge fund superhero
Business Spectator – Hedge fund superstar David Harding has just made the biggest ever gift to the Cavendish Laboratory at Cambridge University: £20 million (more than $US30 million). But why would anyone want to give away such a sum, even if […]
Illinois Teachers OKs New Allocations
emii- The $34.6 billion Illinois Teachers’ Retirement System, Springfield, has set new asset allocation targets to raise its alternative investments by an aggregate five percentage points, Pensions & Investments reports. The move follows the fund’s normal five-year review of the portfolio allocations. […]
Co-op backs National Express board against hedge fund pushing for change
Telegraph – Co-operative Asset Management has become the first major National Express shareholder to come out publicly in support of the transport group’s board as it faces an attack from Elliott Advisors. Aggressive hedge fund Elliott, the company’s biggest shareholder […]
Chris Manser to leave AXA Funds of Hedge Funds
Opalesque – Chris Manser is to leave his position as Global Head of AXA Funds of Hedge Funds in order to pursue other opportunities and is believed not to have elaborated further on his future plans. Manser has been with […]
Ex-Gartmore stars to launch hedge fund – report
Reuters – Former Gartmore fund managers Roger Guy and Guillaume Rambourg are to launch a hedge fund this year, the Sunday Times said. Guy and Rambourg, whose departures last year from Gartmore GRTR.L led to heavy outflows of assets and […]